STEPHEN R. WORTH CPA, JD

Stephen joined the firm in 2021 as a tax shareholder, selected to lead the firm’s growing State and Local Tax (SALT) practice. He focuses on client needs specific to state and local tax issues, comprising state corporate income franchise tax, sales and use tax, property tax and incentives/credits. He brings extensive experience in all aspects of state income taxation, including compliance, technical support and review, SEC financial reporting requirements for income tax disclosures and analysis of client filings for refund opportunities.

Stephen also leads the firm’s Tax Consulting practice. In this role, he manages and implements cost segregation studies across a variety of industries.

Education

B.B.A.- Accounting and Finance, University of Cincinnati
J.D.- University of Cincinnati College of Law

Professional and Community Involvement

Member – The American Institute of Certified Public Accountants and the Ohio Society of Certified Public Accountants

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Do you have a hobby or personal passion?
Above all, I enjoy spending time with my wife and four kids.

What was the best advice you’ve ever received?
Your attitude towards a challenge dictates the outcome.

Who was your role model?
My mother.

What was your childhood dream?
To pitch for the Atlanta Braves.

If you could go back in time, what advice would you give your college self?
Be a sponge – this is one of the greatest opportunities you will have to learn and have new experiences.

People would be surprised to know that I…
have performed in concert with the late Marvin Hamlisch, one of only two PEGOT’s (winner of a Pulitzer Prise, Emmy, Grammy, Oscar, and Tony awards).

What is the best or most interesting thing about your career?
State taxes are never static. The changing nature of business, the economy, and federal and state legislation always create new and interesting challenges.

What was your first job?
Pumping gas at a gas station in Woodbine, New Jersey (my apologies to all the people who lost their gas caps).

When you have an hour of free time, what do you like to do?
Activities with my wife and kids or watching as much as I can of a Cincinnati Bearcats football or basketball game.

Do you have advice for young professionals?
Seek mentors that are enthusiastic about supporting you, active listeners and provide honest feedback.

Our Thoughts On

FEATURED

Big Problem: Time Consuming Billing Process.


Big Thinking: Utilize Robotic Process Automation To Reduce Manual Input Time By 75%.

Shareholder PATRICK ARMKNECHT has been with Schneider Downs for over 21 years. His expertise lies mainly in corporate accounting, project management and software implementation.
One of Patrick’s clients was looking for more efficient back-office operations. Patrick’s team recommended the Robotic Process Automation (RPA) technology to help address their billing problem. After implementing RPA technology, manual time spent completing the monthly billing process was reduced by 75%. “Although the immediate need was focused on the monthly billing process, we recognized that investment in RPA would also enable the client to automate a number of processes throughout their organization,” Patrick said. “They have already implemented five other automation projects in different parts of the organization and have a list of more than 20 other processes they intend to automate in the near future.” Schneider Downs provides Big Thinking and Personal focus in delivering a variety of services for large and small businesses, both publicly and privately held, as well as nonprofit organizations, government entities and more. Through our commitment to thought leadership and knowledge management, we deliver the solutions our clients need with a personal commitment to service.

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